SDI Group (LON:SDI) Stock Crosses Above 50-Day Moving Average – What’s Next?
by Amy Steele · The Cerbat GemShares of SDI Group plc (LON:SDI – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 76.04 and traded as high as GBX 84. SDI Group shares last traded at GBX 78.35, with a volume of 220,288 shares traded.
SDI Group Stock Up 1.2%
The company has a debt-to-equity ratio of 47.29, a current ratio of 2.36 and a quick ratio of 0.79. The firm has a market capitalization of £82.95 million, a P/E ratio of 18.32 and a beta of 1.43. The firm’s fifty day moving average price is GBX 76.30 and its 200-day moving average price is GBX 84.83.
SDI Group (LON:SDI – Get Free Report) last released its earnings results on Wednesday, December 3rd. The company reported GBX 1.73 earnings per share for the quarter. SDI Group had a return on equity of 9.52% and a net margin of 6.43%. As a group, equities research analysts forecast that SDI Group plc will post 6.002265 earnings per share for the current year.
SDI Group Company Profile
About SDI Group plc:
SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.
SDI’s growth strategy is twofold: 1) through the enhancement of its portfolio companies (organic growth) and, 2) through the identification and acquisition of complementary, niche technology businesses with established reputations in global markets (inorganic growth).